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Wednesday, March 19, 2025

Servier, Black Diamond Therapeutics in Global Licensing Agreement for Targeted Oncology Therapy

 

  • The partnership underscores Servier’s commitment to developing targeted therapies that address unmet medical needs in oncology
  • Servier will develop and commercialize BDTX-4933, a Phase 1 asset with best-in-class potential targeting both RAS mutations and RAF alterations, in solid tumors, including non-small cell lung cancer
  • Black Diamond will receive an upfront payment of $70 million and up to $710 million in development and commercial sales milestone payments
    plus royalties

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